Price for Quartz; Other than Natural Sands in Ethiopia - 2022

Contents:

1. Price for Quartz; Other than Natural Sands in Ethiopia (FOB) - 2022
2. Price for Quartz; Other than Natural Sands in Ethiopia (CIF) - 2022
3. Exports of Quartz; Other than Natural Sands in Ethiopia
4. Imports of Quartz; Other than Natural Sands in Ethiopia

Price for Quartz; Other than Natural Sands in Ethiopia (FOB) - 2022

The average export price for quartz; other than natural sandses stood at $3,455 per ton in 2022, with an increase of 94% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices reached the peak figure at $5,832 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($3,564 per ton), while the average price for exports to Hong Kong SAR stood at $2,520 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+57.6%).

Price for Quartz; Other than Natural Sands in Ethiopia (CIF) - 2022

In 2022, the average import price for quartz; other than natural sandses amounted to $232 per ton, which is down by -2.7% against the previous year. In general, the import price, however, saw a measured expansion. The growth pace was the most rapid in 2017 when the average import price increased by 52%. The import price peaked at $238 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($421 per ton), while the price for India totaled $187 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%).

Exports of Quartz; Other than Natural Sands in Ethiopia

For the fourth year in a row, Ethiopia recorded growth in overseas shipments of quartz; other than natural sandses, which increased by 524% to 631 tons in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, quartz; other than natural sands exports soared to $2.2M in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Quartz; Other than Natural Sands from Ethiopia in 2022:

1. China (562.9 tons)
2. Hong Kong SAR (68.4 tons)

Imports of Quartz; Other than Natural Sands in Ethiopia

In 2022, purchases abroad of quartz; other than natural sandses decreased by -24.1% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of 22%.

In value terms, quartz; other than natural sands imports reduced rapidly to $610K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports attained the peak of $826K, and then reduced notably in the following year.

Top Suppliers of Quartz; Other than Natural Sands to Ethiopia in 2022:

1. India (2121.7 tons)
2. China (446.3 tons)
3. Turkey (14.1 tons)

Source: IndexBox Market Intelligence Platform